Electric Bicycles Flying Off Racks in Vietnam

With demand for electric bicycles skyrocketing following the recent surge in gasoline prices, many shops in Hanoi and Ho Chi Minh City have run out of stock.

Published: 04-Aug-2008

Nguyen Thuy Ha, a Hanoi student, said she sold her Honda Wave Alpha motorbike to buy an electric bike.

For VND5,000 – to charge the battery – she can ride 40 kilometers, Ha said, adding the switch would save her VND500,000 per month.

Duy Khang, a retail shop in Hanoi selling Asama, a Taiwanese electric bike, said last week sales were four times the pre-petrol hike figure.

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